To Interpret the Dimensions in MDS,each of the Dimensions

question 52

Multiple Choice

To interpret the dimensions in MDS,each of the dimensions

• A) is left to the judgment of the researchers
• B) has its numbers correlated with external data that has been previously shown to relate to particular dimension
• C) has its numbers correlated with any external data
• D) none of the above

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Definitions:

Cobb-Douglas

A type of production function used in economics to represent the relationship of an output to inputs, specifically capital and labor, with constants denoting the output elasticity of each input.

Perfect Substitutes

Two or more goods that can be used in place of one another with no loss of utility for the consumer, resulting in constant marginal rates of substitution.

Perfect Substitutes

Goods or services that can be used in exactly the same way and are interchangeable by consumers.

Coupons

Vouchers or codes offering a discount on the purchase price of goods or services.